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What is the Average Cost of Farm Land per Acre? Average Farm Land Price

The cost of farm land in America varies a great deal from state to state. The most expensive farm land in America is in New Jersey where it has sold for an average of $8000 per acre. Conversely, the cheapest farm land in the country is located in Wyoming. In Wyoming an acre of land can be purchased for only a couple hundred dollars. On average, farm land in America can be purchased by the acre for $1000.